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Reply to "If you were given a starter house and had no student loans…"
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[quote=Anonymous]If you are given a home, then you just have property taxes, insurance, and utilities. What people are posting makes no sense as the question is not having a mortgage. We just paid off our small lower cost for the area house. We could probably make it on minimum wage now that it increased but kids are in a lot of activities and we save for college. You'd need maybe $8K a year for insurance, taxes and utilities plus house repairs (especially for an older house). Then, car insurance, health care, etc.[/quote]
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